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The United States right now is the richest country in the history of the world, by a wide margin. Second place is the U.S. last year, third place is the U.S. in
by hackuser 10y ago
The United States right now is the richest country in the history of the world, by a wide margin. Second place is the U.S. last year, third place is the U.S. in 2014, etc. It has the highest income, around $18 trillion (GDP) [0], and most wealth, around $85 trillion.[1]
Some politicians take the radical position that taxes must always be reduced, then claim the government has no money for government services and investment.
The U.S.'s problem is not economic, it's merely a political problem with certain politicians.
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[0] https://en.wikipedia.org/wiki/Economy_of_the_United_States https://en.wikipedia.org/wiki/Economy_of_the_United_States
[1] https://en.wikipedia.org/wiki/List_of_countries_by_wealth https://en.wikipedia.org/wiki/List_of_countries_by_wealth